Bachelor of Accounting & Financial Management

About AFM Co-op

Quick Link: Co-op Job Examples l Student Co-op Videos


Learn from experience!

Co-operative education is a system of education that integrates academic studies with practical work experience. Co-op students alternate terms of school and work in appropriate areas of business, industry or government. Work terms are usually four or eight months long and follow a specific sequence. When you're finished your degree, you'll have the same number of academic terms as a regular student, plus 16 months of work experience.

Learn more about co-op and how it works for our AFM students in the Business and Finance co-op work option and the Chartered Accountancy co-op work option.

Check out the Frequently Asked Questions from which the Co-operative Education & Career Services Department has prepared to better help students understand what co-op is all about.

  • Complete 16 months of co-op over four work terms
  • Apply for either the Chartered Accountancy (WPA) or Business and Finance (WFM) Co-op option.
  • Choose the Chartered Accountancy Co-op option if you plan to become a Chartered Accountant (CA)
    • Co-op opportunities are in public accounting and other commercial industries, government agencies and not-for-profit sectors across Canada
    • CA co-op option work terms may count toward the CA's experience requirement
    • On work terms you could be evaluating and testing processes and related controls; assisting audit staff in tax provision work; preparing financial statements
  • Choose the Business and Finance Co-op option if you aim to become a Certified Management Accountant (CMA), a Chartered Financial Analyst (CFA), a Chartered Accountant (CA), or enter directly into the workforce
    • Co-op opportunities are in financial services and other commercial industries, government agencies and not-for-profit sectors across Canada
    • Business and Finance co-op option work terms will provide experience in accounting, finance and business areas
    • On work terms you could be determining how to pay shareholders; learning about capital markets; developing and applying inventory models
  • Build a résumé that reflects your future career interests in AFM's co-op sequences


AFM Co-op Earnings

 
WT1
WT2
WT3
WT4
Average Annualized Salary Range
$26,988 - $40,852
$31,005 - $44986
$33,800-$53,995
$37,908-$53,001
Average Monthly Salary Range
$2249 - $3404
$2584 - $3748
$3816 - $4499
$3159 - $4416
Average Per Term Income Range
$8996 - $13,616
$10336 - $14,992
$11,264 - $17,996
$12,636 - $17,664

For more information about average co-op earnings for various programs at uWaterloo, please see the Annual Salary Survey provided by Co-op Education and Career Services.


Quick Co-op Facts

  • 96.5% to 100% co-op employement rate
  • Earn $15 to $19/hr on your first work term on average
  • Earn from $51,000 to $74,000 over your 4 work terms (16 months of co-op) on average
  • Benefit from North America's most established co-op program
  • More information on co-op salaries
AFM
The School of Accounting and Finance is the only English speaking professional school of its kind in Canada. We offer 2 undergraduate (Accounting and Financial Management and Computing and Financial Management) and 3 graduate (Master of Accounting; Master of Taxation; PhD in Accounting) programs to provide students with the technical, analytical, evaluative, and communication skills needed to prepare for successful careers in public accounting, finance, industry, government and not-for-profit sectors. In conjunction with the Faculties of Mathematics and Science, the School also administers 2 undergraduate programs (Mathematics/Chartered Accountancy; Biotechnology/Chartered Accountancy) and 1 graduate program (Master of Quantitative Finance).